This strategy does not work 100% of the time, but it does offer a good risk reward ratio.
If the pattern occurs in the first 15 min, wait for about an hour and observe the price action, and take a trade only after the breakout. Taking a trade too early may result in your SL getting triggered too soon. You want to try and make it harder for the market to trigger...
What would be trading without an edge? Would it be like tossing a coin with 50% chances of getting a head or a tail. I dun think so. I think it would be around 25%, that too if you dun mess with your trades.
So what is an edge?
In broader sense, the edge is your trading plan which includes predefined entries and exits. In narrower sense, it is technical analysis...
The Investment Points:
It can be observed from this weekly chart that in the bear markets of 2011 and 2015, the Index formed bottoms near 200 EMA. Those yellow circled marked on the chart proved to be excellent buying/investment opportunities. If I have to load my money for greatest investments, it will be at the same point.
Nifty Took Support...
Guys today we are going to discuss about Adani port initially I would would discuss how it was in a uptrend, there after I will show that how we could have identified that it will turn into a down Trend.
(Please open this post in a Separate Tab. And using mouse click on the chart and move cursor to the left to see the remaining part of the chart)
Adani port was...
Maruti reached its 52W high at 10,000 and has been faaling continuously since then. The way Maruti % fell shocked alot of people, However it was not all that difficult to determine the fall and I will share, how I proceeded and made money in Maruti 5.71% .
On 25 July, Maruti reached its prior top weeks high zone of 9900-10000 again. It was a good resistance and...
VWAP stands for Volume Weighted Average Price. In simple terms it is the average price weighted by volume. Don't worry I ll explain.
Firstly the average of the high, low, and close: (H+L+C)/3, is calculated (technically known as the typical price). This typical price is multiplied by the candle's volume (depending on time frame used). The...
Take it as educational unless you understand the details of this strategy. I suggest you to backtest yourself, to understand entries and exits, before putting it in your trading repertoire.
Only Long trades when price > 55 EMA
Only short trades when price < 55 EMA...
RANGE BREAKOUT STRATEGY
1) First find a stock which moved only in a extremely narrow range after 10 or 10:30am during the day on 15 min timeframe.
2) Draw a rectangle covering all HIGHs and LOWs (as shown in this example)
3) Entry for Buy will be Upper Lvl of box with SL as Lower Lvl
& Entry for SELL will be...
I am surprised to see how this simple strategy could yield such handsome return in the Index futures.
Time Period= 1 June till date
Chart= 15 min.
1. Divergence on Stochastics associated with inverse price movement
2. Entry @ break above/below immediately preceding "minor" swing high/low
3. Stop @ below/above immediately preceding "significant" swing...